Representative Multiple

Representative Multiple. Shall mean, at any date of determination, the average of the Multiples of Gannett Co. Inc., Lee Enterprises Inc., Knight-Ridder, Inc., The McClatchy Co. and Journal Register Co., provided that in the event that any such company shall be acquired or cease to be publicly traded, its name shall be deemed to be deleted from this definition and, if as a result thereof there are less than three companies referred to in this definition, the Board of Directors of the Company, with the approval of the... Shareholder (not to be unreasonably 10 withheld), shall select another publicly traded newspaper company, which shall be deemed to be added to this definition such that this definition refers to three companies. View More